The first table below looks at the demand for knowledge and experience of Reuters products and/or services in IT contracts advertised for the Docklands, London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Reuters over the 3 months to 23 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Vendors for the Docklands, London region.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Reuters Group PLC.

Location
3 months to
23 May 2013
Same period 2012 Same period 2011
Reuters
Rank 23 30 54
Rank change year-on-year
+7 +24
Contract jobs citing Reuters 6 2 5
As % of all contract IT jobs located in Docklands, London 3.468% 0.930% 0.818%
As % of the Vendors category 8.333% 2.041% 1.838%
Number of daily rates quoted 4 2 5
Average daily rate £500 £449 £436
Average daily rate % change year-on-year
+11.42% +2.95%
UK excluding London average daily rate £550 £450 £364
% change year-on-year
+22.22% +23.71%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £14.00 £31.50 £97.63
% change year-on-year
-55.55% -67.73%
All Vendors
Docklands, London
Contract IT job ads with a match in the
Vendors category
72 98 272
As % of all contract IT jobs located in Docklands, London 41.62% 45.58% 44.52%
Number of daily rates quoted 53 59 117
Average daily rate £400 £475 £425
Average daily rate % change year-on-year
-15.78% +11.76%
90% offered a daily rate of more than £178 £300 £325
10% offered a daily rate of more than £500 £573 £575
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 0 2 3
Average hourly rate - £26.00 £22.50
Average hourly rate % change year-on-year
- +15.55%
UK excluding London average hourly rate £19.00 £19.00 £20.25
% change year-on-year
- -6.17%
Reuters
London

Reuters
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing Reuters across the Docklands, London region as a proportion of the total demand within the Vendors category.

Docklands, London Reuters Jobs Demand Trend

Reuters
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Reuters across the Docklands, London region.

Docklands, London Reuters Daily Rate Trend

Reuters
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Reuters across the Docklands, London region.

Docklands, London Reuters Hourly Rate Trend

Reuters
Top 30 Related IT Skills

For the 6 months to 23 May 2013, IT contractor jobs across the Docklands, London region citing Reuters also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Reuters.

1 6 (75.00%) Bloomberg
2 5 (62.50%) Foreign Exchange (FX)
2 5 (62.50%) SQL
3 4 (50.00%) Fixed Income
3 4 (50.00%) Banking
3 4 (50.00%) Investment Banking
3 4 (50.00%) Business Analysis
4 3 (37.50%) Derivative
4 3 (37.50%) Equities
5 2 (25.00%) Finance
5 2 (25.00%) Sarbanes-Oxley
5 2 (25.00%) C#
5 2 (25.00%) VBScript
5 2 (25.00%) VB
5 2 (25.00%) VBA
5 2 (25.00%) .NET
5 2 (25.00%) SQL Server
5 2 (25.00%) UNIX
5 2 (25.00%) Systems Analysis
5 2 (25.00%) VB6
5 2 (25.00%) 3000 Xtra
5 2 (25.00%) RMDS
5 2 (25.00%) Cadis
6 1 (12.50%) SWIFT
6 1 (12.50%) Degree
6 1 (12.50%) User Acceptance Testing
6 1 (12.50%) Windows Server 2008
6 1 (12.50%) Data Management
6 1 (12.50%) Credit Derivative
6 1 (12.50%) Equity Derivative

Reuters
Top Related IT Skills by Category

For the 6 months to 23 May 2013, IT contractor jobs across the Docklands, London region citing Reuters also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Reuters. Up to 20 skills are shown per category.

Application Development
1 2 (25.00%) .NET
2 1 (12.50%) XML
2 1 (12.50%) FIXML
Business Applications
1 2 (25.00%) 3000 Xtra
1 2 (25.00%) RMDS
Communications & Networking
1 1 (12.50%) Firewall
Database & Business Intelligence
1 2 (25.00%) SQL Server
2 1 (12.50%) RDBMS
General
1 4 (50.00%) Banking
1 4 (50.00%) Investment Banking
2 2 (25.00%) Finance
3 1 (12.50%) Front Office
Job Titles
1 7 (87.50%) Analyst
2 6 (75.00%) Business Analyst
3 4 (50.00%) Investment Banking Business Analyst
3 4 (50.00%) Banking Business Analyst
4 2 (25.00%) Business Support Analyst
4 2 (25.00%) Support Analyst
5 1 (12.50%) Market Data Analyst
5 1 (12.50%) Market Analyst
5 1 (12.50%) Market Data Business Analyst
5 1 (12.50%) Infrastructure Analyst
5 1 (12.50%) Data Analyst
Miscellaneous
1 5 (62.50%) Foreign Exchange (FX)
2 4 (50.00%) Fixed Income
3 3 (37.50%) Derivative
3 3 (37.50%) Equities
4 1 (12.50%) SWIFT
4 1 (12.50%) Credit Derivative
4 1 (12.50%) Equity Derivative
Operating Systems
1 2 (25.00%) UNIX
2 1 (12.50%) Windows Server 2008
2 1 (12.50%) Windows
2 1 (12.50%) Solaris
2 1 (12.50%) Linux
Processes & Methodologies
1 4 (50.00%) Business Analysis
2 2 (25.00%) Systems Analysis
3 1 (12.50%) User Acceptance Testing
3 1 (12.50%) Data Management
3 1 (12.50%) ITIL
3 1 (12.50%) Disaster Recovery
3 1 (12.50%) BCP
3 1 (12.50%) Business Continuity
Programming Languages
1 5 (62.50%) SQL
2 2 (25.00%) C#
2 2 (25.00%) VBScript
2 2 (25.00%) VB
2 2 (25.00%) VBA
2 2 (25.00%) VB6
Qualifications
1 1 (12.50%) Degree
Quality Assurance & Compliance
1 2 (25.00%) Sarbanes-Oxley
Vendors
1 6 (75.00%) Bloomberg
2 2 (25.00%) Cadis
3 1 (12.50%) Cisco
3 1 (12.50%) Microsoft
3 1 (12.50%) Citrix
3 1 (12.50%) Sybase